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Comet Holding Stock

Comet Holding ROA 2024

Comet Holding ROA

0.03

Ticker

COTN.SW

ISIN

CH0360826991

WKN

A2DNSP

In 2024, Comet Holding's return on assets (ROA) was 0.03, a -76.84% increase from the 0.14 ROA in the previous year.

Comet Holding Aktienanalyse

What does Comet Holding do?

The Comet Holding AG is an internationally active company based in Flamatt, Switzerland. The company was founded in 1948 and has since become one of the world's leading providers of industrial X-ray and high-voltage testing systems. The company's business model is based on the development, production, and distribution of solutions for non-destructive testing and material analysis. Comet's products are used in a variety of industries, including aviation, automotive, electronics, power generation, and medical technology. The company operates in three business areas: Industrial X-Ray, Plasma Control Technologies, and ebeam Technologies. In the Industrial X-Ray sector, Comet offers innovative solutions for non-destructive testing of materials and products. Advanced high-voltage technologies are used to gain detailed insights into material structures, even in hard-to-reach areas. Comet offers a wide range of products and services in this area, including portable X-ray inspection devices, custom testing systems, and X-ray inspection services. In the Plasma Control Technologies sector, Comet develops and produces systems for controlling plasma and vacuum applications. These systems are used in semiconductor manufacturing, display production, and research to ensure precise control of the electronic properties of materials. In the ebeam Technologies business area, Comet is a leader in the development of electron beam technologies. This includes systems for surface curing, material processing, and sterilization. These solutions are used in medical technology, food processing, and the automotive industry. Comet's products are known for their high quality, reliability, and efficiency. To meet these high standards, the company operates strict quality control and maintains an extensive global network of service technicians who support customers on-site. In recent years, Comet has set the goal of strengthening its presence in rapidly growing markets such as Asia and North America. The company has made several acquisitions to expand its product portfolio and increase its market presence. In summary, Comet Holding AG is a leading company in the development and production of solutions for non-destructive testing and material analysis. With a wide range of products and services, the company serves a variety of industries worldwide. Comet has earned a reputation as an innovative and reliable partner for its customers due to its high quality, reliability, and efficiency. Comet Holding ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Comet Holding's Return on Assets (ROA)

Comet Holding's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Comet Holding's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Comet Holding's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Comet Holding’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Comet Holding stock

What is the Return on Assets (ROA) of Comet Holding this year?

The Return on Assets (ROA) of Comet Holding is 0.03 undefined this year.

What was the ROA of Comet Holding compared to the previous year?

The ROA of Comet Holding has increased by -76.84% compared to the previous year.

What consequences do high ROA have for investors of Comet Holding?

A high ROA is advantageous for investors of Comet Holding, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Comet Holding?

A low ROA can be unfavorable for investors of Comet Holding as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Comet Holding affect the company?

An increase in ROA of Comet Holding can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Comet Holding impact the company?

A reduction in the ROA of Comet Holding can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Comet Holding?

Some factors that can influence the ROA of Comet Holding include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Comet Holding important for investors?

The ROA of Comet Holding is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Comet Holding take to improve ROA?

To improve ROA, Comet Holding can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does Comet Holding pay?

Over the past 12 months, Comet Holding paid a dividend of 3.7 CHF . This corresponds to a dividend yield of about 1.14 %. For the coming 12 months, Comet Holding is expected to pay a dividend of 4.32 CHF.

What is the dividend yield of Comet Holding?

The current dividend yield of Comet Holding is 1.14 %.

When does Comet Holding pay dividends?

Comet Holding pays a quarterly dividend. This is distributed in the months of May, May, May, May.

How secure is the dividend of Comet Holding?

Comet Holding paid dividends every year for the past 0 years.

What is the dividend of Comet Holding?

For the upcoming 12 months, dividends amounting to 4.32 CHF are expected. This corresponds to a dividend yield of 1.34 %.

In which sector is Comet Holding located?

Comet Holding is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Comet Holding kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Comet Holding from 4/25/2024 amounting to 1 CHF, you needed to have the stock in your portfolio before the ex-date on 4/23/2024.

When did Comet Holding pay the last dividend?

The last dividend was paid out on 4/25/2024.

What was the dividend of Comet Holding in the year 2023?

In the year 2023, Comet Holding distributed 3.5 CHF as dividends.

In which currency does Comet Holding pay out the dividend?

The dividends of Comet Holding are distributed in CHF.

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Andere Kennzahlen von Comet Holding

Our stock analysis for Comet Holding Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Comet Holding Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.